Post Tagged with: "United States government"

eMediaWorld.com: Forecast-busting US jobless claims data hit stocks

August 15, 2013 9:45 AM0 comments
eMediaWorld.com: Forecast-busting US jobless claims data hit stocks

LONDON — A fall in weekly U.S. jobless claims to a near six-year low Thursday reinforced expectations that the Federal Reserve will start to reduce its monetary stimulus next month, sending stocks sharply lower and the dollar up. The Labor Department reported that weekly claims slid 15,000 last week to […]

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eMediaWorld.com Obama calls for reforms on intelligence gathering

August 10, 2013 6:14 AM0 comments
eMediaWorld.com Obama calls for reforms on intelligence gathering

WASHINGTON — President Barack Obama announced new oversight measures for recently revealed domestic and foreign surveillance programs, saying he is confident they are “not being abused” but that they must be more transparent. He gave no indication the government would end the massive collection of information about telephone calls and […]

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eMediaWorld.com Obama rejects boycott of Olympics in Russia

August 9, 2013 1:55 PM0 comments
eMediaWorld.com Obama rejects boycott of Olympics in Russia

WASHINGTON — President Barack Obama on Friday rejected the idea of the United States boycotting the Winter Olympics in Sochi next year over a new anti-gay law in Russia, despite frustrations with that country’s leadership on that and other issues. Answering questions at a White House news conference, Obama said […]

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eMediaWorld.com – Obama cancels meeting with Putin amid Snowden tensions

August 7, 2013 5:27 AM0 comments
eMediaWorld.com – Obama cancels meeting with Putin amid Snowden tensions

LOS ANGELES — President Barack Obama is canceling plans to meet with Russian President Vladimir Putin in Moscow next month — a rare diplomatic snub. The move is retribution for Russia’s decision to grant temporary asylum to National Security Agency leaker Edward Snowden. It also reflects growing U.S. frustration with […]

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eMediaWorld.com – Asia stocks down, Fed official flags stimulus end

3:01 AM0 comments
eMediaWorld.com – Asia stocks down, Fed official flags stimulus end

BANGKOK — Asian stock markets fell Wednesday, led by a tumble in Tokyo’s benchmark, as expectations mounted that the U.S. central bank will begin to phase out its monetary stimulus next month. Positive U.S. trade data and comments by a Federal Reserve bank regional president increased speculation that the Fed […]

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Markets await Fed speech for clues on stimulus

August 6, 2013 6:59 AM0 comments
Markets await Fed speech for clues on stimulus

WALLSTREET — Stocks drifted lower Tuesday as investors awaited further clues as to whether the U.S. Federal Reserve will start reducing its monetary stimulus as soon as next month. Chicago Fed President Charles Evans will give a speech later in the day. Being a long-standing supporter of the monetary stimulus […]

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Oil rises to near $107 on Fed stimulus hopes

August 5, 2013 7:48 AM0 comments
Oil rises to near $107 on Fed stimulus hopes

BANGKOK — Oil rose to near $107 a barrel Monday after a disappointing U.S. jobs report made it more likely the Federal Reserve will continue its stimulus program beyond September. Benchmark crude for September delivery was up 3 cents to $106.97 at late afternoon Bangkok time in electronic trading on […]

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White House ‘extremely disappointed’ with Russia

August 3, 2013 10:55 AM0 comments
White House ‘extremely disappointed’ with Russia

WASHINGTON — A highly anticipated summit between U.S. President Barack Obama and Russian President Vladimir Putin could be hurt by Moscow’s decision to grant temporary asylum to National Security Agency leaker Edward Snowden, the White House signaled after weeks of pressuring for his return to face prosecution. “We are extremely […]

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US lawmakers fume over Russia granting asylum to Snowden

August 1, 2013 8:09 AM0 comments
US lawmakers fume over Russia granting asylum to Snowden

MOSCOW — National Security Agency leaker Edward Snowden left the transit zone of a Moscow airport and officially entered Russia after authorities granted him asylum for a year, his lawyer said Thursday, a move that suggests the Kremlin isn’t shying away from further conflict with the United States. Snowden’s whereabouts […]

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Oil slips below $104 ahead of Fed, jobs data

July 31, 2013 8:15 AM0 comments
Oil slips below $104 ahead of Fed, jobs data

LONDON — The price of oil fell below $104 a barrel on Tuesday as traders awaited comments from central banks as well as data releases later in the week, including U.S. jobs figures. Benchmark oil for September delivery was down 64 cents to $103.91 per barrel in electronic trading on […]

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